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This innovation is part of Freightos’ vision for comprehensive freight digitization, bolstered by its acquisition of Shipsta. Partnership-First Approach: By eliminating the burden of frequent, large-scale tenders, shippers preserve key relationships with providers, ensuring collaboration over competition.
From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Some minimal congestion – caused by the three day strike at the beginning of the month – remains at US East Coast and Gulf ports though operations have mostly recovered.
Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis. The best logistics strategies depend on expert insight, such as the data and analysis found in FreightWaves Passport, which focuses on the chain’s inner workings. Request a SONAR Demo.
As further explained by Deloitte , “business cases show how new technologies – from smart sensors to advanced data analytics to cognitive computing – are transforming traditional linear supply chains into connected, intelligent, scalable, and customizable digital supply networks to help reduce costs and drive sustainable growth.”
Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $2,357/FEU.
Market Analysis Understanding your market is crucial for any business. Competitive Analysis : Who are your competitors? Marketing channels : Will you rely on digital marketing, direct sales, partnerships with local businesses, or a combination of strategies? through 2027. Target Audience : Who are your customers? Be specific.
Logistics stakeholders are continuing to digitalize operations—and supply chains—through new technologies that meet customer expectations and keep up with global trade challenges. There will be no turning back in the post-Covid times—the digital transformation is here to stay.
Logistics stakeholders are continuing to utilize digital transformation to meet customer expectations and keep up with global trade challenges. What this blog is about: Using automation and digital disruption to transform supply chains. Defining digital transformation and its customer-focused capabilities.
Logistics stakeholders are continuing to utilize digital transformation to meet customer expectations and keep up with global trade challenges. What this blog is about: Using automation and digital disruption to transform supply chains. Defining digital transformation and its customer-focused capabilities.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Hurricane Milton battered the west coast of Florida last week. Europe – N. America weekly increased 2% to $1.82/kg.
Relying solely on manual shipping data analysis continues to yield poor results. Outdated analysis and management methods are becoming increasingly more difficult amid lockdowns, supply shortages, and increased consumer demands. Request a SONAR Demo. With accurate data and automation, enterprises can stay ahead of the curve.
Judah Levine November 15, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 6% to $1,711/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,421/FEU.
Judah produces the Freightos Group’s FBX Weekly Freight Update and other research on what’s happening in the industry from shipper behaviors to the latest in logistics technology and digitization. Europe – N. America weekly increased 1% to $1.88/kg.
Digital freight matching is growing more valuable as a way to source meaningful capacity Companies and freight managers that have embraced digital technology and automation remain more likely to thrive. Using digital freight matching platforms is the best strategy to secure meaningful and practical capacity.
Improved predictive analysis and projection with logistics automation data and insights. Logistics automation and real-time data analysis make this kind of insight possible. Real-time data, automated analysis and data-sharing remain essential to continued success and growth for all enterprise shippers. Request a SONAR Demo.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Last week, Canada’s Labor Minister ended the separate labor disputes – one on each coast – that had resulted in lockouts at Canada’s major container ports. America weekly prices increased 9% to $2.60/kg.
Judah Levine November 28, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,613/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $2,362/FEU.
Judah Levine January 16, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 5% to $2,588/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $4,278/FEU.
Judah produces the Freightos Group’s FBX Weekly Freight Update and other research on what’s happening in the industry from shipper behaviors to the latest in logistics technology and digitization. America weekly prices increased 3% to $2.15/kg.
The intuitive augmented reality app provides data visualization and error analysis by merging machine, sensor and diagnostic information with the real environment using technology most people carry in their pocket. SICK UK unveiled its trailblazing SICK Augmented Reality Assistant (SARA) at Smart Factory Expo 2024 in Birmingham.
Judah Levine December 13, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $1,603/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 5% to $2,497/FEU.
According to Supply Chain Digital , “A company that utilizes a global trade management system can expect to cut costs, risks and delays associated with manual compliance and tracking efforts.” Streamline data collection and analysis. Request a SONAR Demo. To ignore it is to ignore the key to continued growth and recovery.
Judah Levine December 6, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $1,620/FEU. Asia-US East Coast prices (FBX03 Weekly) were also level at $2,367/FEU.
Judah produces the Freightos Group’s FBX Weekly Freight Update and other research on what’s happening in the industry from shipper behaviors to the latest in logistics technology and digitization. Europe – N. America weekly prices fell 2% to $1.77/kg.
Judah produces the Freightos Group’s FBX Weekly Freight Update and other research on what’s happening in the industry from shipper behaviors to the latest in logistics technology and digitization. Europe – N. America weekly prices fell 4% to $2.06/kg.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Salvage crews have already started working to clear the wreckage from last week’s bridge collapse in Baltimore. Europe – N. America weekly prices fell 2% to $2.01/kg.
Judah produces the Freightos Group’s FBX Weekly Freight Update and other research on what’s happening in the industry from shipper behaviors to the latest in logistics technology and digitization. Europe – N. America weekly prices fell 1% to $1.61/kg.
With the digital transformation of the supply chain on the horizon, it is essential to understand what automation would mean for logistics as a whole and how it can benefit your supply chain. It is one of the few remaining industries still using pen and paper while the rest of the world is almost entirely digital.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Unseasonal increases in demand for ocean freight out of Asia – due to the possible start of a restocking cycle in Europe, and a pull forward of peak season demand by N.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Ocean peak season’s early arrival together with Red Sea diversions straining capacity and schedules continued to result in worsening congestion, equipment shortages and elevated prices this week.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis An early start to ocean peak season – driven by signs of economic recovery in Europe and, in N. Europe – N. America weekly prices fell 2% to $1.66/kg.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis A massive container explosion on a vessel docked at the Port of Ningbo on Friday – the most destructive of several recent container fires – closed the port’s Phase III Terminal for 60 hours over the weekend.
Judah Levine December 19, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 3% to $1,556/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $2,509/FEU.
Judah Levine January 10, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 60% to $2,713/FEU. Europe – N. America weekly prices fell 1% to $1.81/kg.
Judah produces the Freightos Group’s FBX Weekly Freight Update and other research on what’s happening in the industry from shipper behaviors to the latest in logistics technology and digitization. Europe – N. America weekly prices fell 2% to $1.73/kg.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Ocean rates out Asia eased slightly last week across the major lanes. Europe – N. America weekly stayed level at $1.66/kg. For shipments to N.
In 2023, an estimated 17 % of B2B sales are expected to be generated digitally. These new wave demands and the COVID-19 pandemic have accelerated the adoption of digitalization. 4 ways digitalization has revolutionized B2B e-commerce. Find out the 4 ways that digitalization has revolutionized B2B e-commerce.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Ocean rates out of Asia climbed significantly last week, with the latest daily prices already at $8,200/FEU to N.America West Coast, $9,300/FEU to the East Coast, $8,600/FEU to N. Europe – N.
It is those considerations that drive mini-bid activity says CCJ Digital. Insight into market stability promotes increased transportation procurement and intervention when necessary Insight into the manufacturing supply chain market depends on lane-level analysis and response. Request a SONAR Demo. Request a SONAR SCI Demo.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis The massive IT outage caused by the CrowdStrike update on Friday led to thousands of delayed or canceled flights worldwide over the weekend as airport and airline systems went black. Europe – N.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Typhoon Gaemi wreaked havoc in the form of evacuations and deadly mudslides and flooding across the Philippines and Taiwan on Thursday and parts of southeast China into Friday. Europe – N.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Overall, the ocean container market has settled into a new routine that avoids the Red Sea due to Houthi attacks which continued this week. America weekly prices increased 1% to $1.81/kg.
Judah produces the Freightos Group’s FBX Weekly Freight Update and other research on what’s happening in the industry from shipper behaviors to the latest in logistics technology and digitization. Europe – N. America weekly prices fell 2% to $1.63/kg.
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